Former U.S. President Donald Trump and his adult children were sued on Wednesday by New Work Attorney General Letitia Jame

The lawsuit, filed in a New York state court in Manhattan, accused the Trump Organization of wrongdoing in preparing Trump's annual statements of financial condition from 2011 to 2021.

The Trump Organization has separately been charged with criminal tax fraud by the Manhattan District Attorney's office and is preparing for an Oct. 24 trial

"The Attorney General's Office has exceeded its statutory authority by prying into transactions where absolutely no wrongdoing has taken place," Alina Habba, a lawyer for Trump, said in a statement, calling the accusations "meritless."

James said her office rejected settlement offers submitted by the defendants, but said "our doors are always open" for future negotiations.

"There cannot be different rules for different people in this country or state, and former presidents are no different," James said.